MGMAN45, welcome to UZI Talk.
Based on the variety of parts and ammo you've exchanged, you've eliminated many potential problems and it sounds like it might be related to a barrel alignment issue. Let me understand what mods you did to the gun recently. You said you "cut the rear restrictor ring down". Do you mean you cut it completely off or thinned down the top of the restrictor ring? I assume you cut the top completely off. That's what most people do. Before you cut the ring off, how did the bolt clear the restrictor ring? Is it open bolt? If so, were the bolts modified to pass over the restrictor ring?
You said you cut off the restrictor ring and I assume you didn't do any other changes like enlarge the trunion hole or use a different barrel, right? Typically people will cut off the restrictor ring and enlarge the trunion hole at the same time, allowing them to use full auto barrels. The SMG barrels have a second trunion band that stabalizes the barrel without the restrictor ring. If you've cut off the restrictor ring but still use semi-auto barrels, the barrel might have some play in it causing problems. Even if there's no play in the barrel, it might be sitting at a slightly different angle now without the restrictor ring. One easy thing to check is make sure the barrel nut was not loose. That could cause some alignment problems.
It is possible the ejector could be worn but seems odd that that would occur at the same time you modified the restrictor ring.